#Strategy加仓BTC Ethereum faces short-term pressure



Looking at the hourly trend, Ethereum has already had two consecutive bearish candles, but this isn't particularly extreme. It is currently stuck around the 3300 level, with resistance pressing down from above. From a rebound perspective, this looks more like a bearish opportunity.

Specifically, consider short positions in the 3330 to 3370 range, with the target below at 3200. Of course, stop-loss should be set according to your position size—don't hold through the pain.

$BTC $ETH's correlation still needs to be watched; Bitcoin's direction often sets the rhythm.
BTC-1,33%
ETH-0,82%
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ApeEscapeArtistvip
· 01-18 16:25
3300 this broken level should have dropped long ago, the bears still have a chance --- Two bearish candles don't mean much, the key is how BTC will move next, that's the real rhythm --- Shorting between 3330-3370 feels a bit like gambling, I'll wait until 3400 is completely dead --- The point about stop-losses is correct, stubbornly holding on has turned everyone into a leek haha --- Target 3200 isn't unreasonable, let's see if it can actually fall that far --- Regarding correlation, honestly, compared to BTC, ETH is just a little brother, it depends on the big brother’s mood --- With such obvious resistance at 3300 and still hovering, it seems there's no room for a rebound --- Bearish opportunity? I think it's uncertain, maybe we should wait and see two bullish candles first
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ApeWithNoChainvip
· 01-17 09:32
It's really uncomfortable holding 3300, I feel I should wait for BTC to give a signal before acting Shorts at 3330-3370, are you trying to bet on 3200? This move is a bit risky I agree on the stop-loss, don't chase perfect entries and mess yourself up BTC moves everything; just watching ETH isn't enough
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GateUser-6bc33122vip
· 01-16 12:27
Can 3330 break through? It seems like BTC hasn't been very strong these past couple of days.
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BearMarketSurvivorvip
· 01-16 03:52
Being above 3300 is indeed a bit awkward, and the bearish sentiment is still quite strong. Shorting between 3330-3370 feels okay, just worried that BTC might suddenly reverse unexpectedly.
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GasFeeCryBabyvip
· 01-16 03:48
Gaga, it's the same old trick 3330-3370 again. I bet five dollars that it will break this time. Once BTC drops, everything collapses. What's the point of talking about ETH's independent trend? Can 3200 really hold? It feels like a joke.
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RektButStillHerevip
· 01-16 03:37
3300 this level is really tough. If Bitcoin doesn't show strength right now, ETH won't be able to turn things around. --- Bearish opportunity? I think it's uncertain. These two bearish candles feel very fake. --- Coming back to short at 3330-3370? This trick from last year fooled many people haha. --- Setting stop-loss properly really saves lives. How many have been caught holding through a liquidation? --- Waiting for Bitcoin to give a signal first, otherwise I don't dare to go short. --- Can this target of 3200 be reached? It feels a bit uncertain. --- Why are we stuck here again? When will we break through once?
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RugPullAlertBotvip
· 01-16 03:37
The pressure level above 3300 is indeed tough; I won't dare to short arbitrarily before BTC moves. I don't have the guts to short between 3330-3370; I would rather wait for 3200 to buy again. This wave's correlation is hard to judge; a sudden drop in BTC would be all for nothing.
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blocksnarkvip
· 01-16 03:32
The position around 3300 is indeed a bit stuck, but I still want to wait for BTC to move first, after all, only when the big brother moves can there be a rhythm. --- I'm not very confident in shorting, it feels like everyone who takes action now is gambling. Better to wait and see. --- Whether 3200 will be broken or not is really hard to say. How about waiting for the 4-hour confirmation? --- It's a good point to say "hold the stop-loss firmly." Last time, ignoring advice led to a big loss. --- If BTC rebounds, the pressure on ETH is pointless; the correlation is really strong. --- Two bearish candles just call for a shorting opportunity? I think we should wait and see. Entering now is a bit hasty.
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